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>> what i can confirm is that 45 p. the top rate of tax will be higher under this government than any of the 13 years of the last government. that is the fact. that's the richest in the country will be paying more in terms of income tax in every of this government than in any year of that government. .. was investing eight hundred million pounds, an excellent eight hundred million pounds to combat tax avoidance. there was no such investment taking place with 15% cut in the budget. is the prime minister guilty of tax of points for tax evasion? >> $900 million into specific majors of tax avoidance. all these schemes grew up under years of labour government. they never did a general tax avoidance. they presided over a system where people in the city were paying less taxes than their cleaners and the government has sorted out. >> not to be remembered as the prime minister introduced regulation of the press, an essential part of a free democracy. would you agree with me that regulation derives -- you are pregnant or not pregnant. you either have state regulation or you don't. there is
tax cuts on consumer spending. as we know with all of this talk of the fiscal cluf tax cuts are set to spike at the beginning of next year. according to the new report allowing middle class tax rates to group, along with allowing the current tax cut to expire would change the gdp. this is all part of the president's effort to extent the burr-era tax cuts for americans making less than $250,000 a year, all while incriesing taxes on the wealthy. it seems some members of the dgdp could be coming around and be ready to go against the grover norquist pledge. more bill press after the break. stay with us. you're about to watch an viewer created ad message for little caesars who proudly salutes united states veterans everywhere. >> clarksville is a small town on the tennesse/kentucky boader and it is a really great place to raise a family. my name is lloyd allard i was a chief officer in the special forces, i was in the army for 23 years. i have made 1400 parachute jumps. well, my experience in the military was varied. i spent a lot of time in iraq, a lot of time in kuwait. i did
of americans for tax reform, talked about the so- called fiscal cliff and the upcoming tax bills in congress. he will also talk about the 2012 election and recent meetings at the white house between congressional leaders and president obama. this is an hour and 20 minutes. >> we are delighted to have grover norquist with us. of course, he is president of americans for tax reform but in the spirit of full disclosure, he is also a member of our board of directors and a very important colleague. grover spoke here several months ago, i should say here at the center, but not in this room because we moved -- there may be some glitches, so i apologize in advance. i am sure we will do better next time. however, grover talked about taxes, u.s. economic policy. but that was about taxes and the electoral campaign. now we had elections and the taxes are at the center of a very important political debate and at the center of negotiations between the obama administration and congress, particularly the republican controlled house. as i watched the president during his recent press conference and listened t
and tax increases that will take place if lawmakers fail to reach a deal before the end of this year. since president obama's reelection, democrats and republicans have staked out their positions on how to resolve this potential crisis. the president wants higher taxes on the rich, specifically over one half trillion over the next decade. >> what i'm concerned about is not finding ourselves in a situation where the wealthy are not pay more or are paying as much as they should. middle-class families making a difference. lou: house speaker john baena says new revenue should be raised through tax reform, not raising taxes. >> we have talked about this for every year. you can lose all kinds of limitation in doubt. the specifics at this point, would not be conducive to try to come to agree with the white house. lou: who blinks first? we take all that up here tonight. how can the republican party broadened its base following governor romney's defeat? we will be talking with the author of the best-selling book the amateur and former senior staff member and president george w. bush administr
. >> they voted for government that works. >> we don't understand why raising tax rates is the solution. >> can party leaders get a deal? >> impossible. >> all this talk about taxing the rich is nonsense. >> grover norquist. >> you speak of grover norquist. >> he's an entertaining warrior. >> pledge mentality is really on the run right now. >> speaker boehner clearly wants a deal. >> he can't have one arm tied behind his back. >> the top 1%, only 42% of the wealth. >> 48.5 million people lived below the poverty level. >> we should ask the wealthy to start paying their fair share. >> the american sense of fairness, no one should pay more than 25%. >> today's republican party has imploded. >> they are in denial. >> they are looking for someone to blame. >> grover is no longer speaking for the party. >> they may not be willing to just die on this hill anymore. >>> good evening. i'm ezra cline in for lawrence o'donnell. the craziest thing is happening in washington right now. you've probably heard of the fiscal cliff or as lawrence likes to call it, the fiscal curve or as my friend calls t the aust
pass a law that would prevent a tax hike on the first $250,000 of everybody's income. >> the election's over. he won. congratulations. >> if we can get a few house republicans to agree as well -- >> we all agree but we're not going to raise taxes on people that make less than $250,000. we should take them out of this discussion. >> i've got a pen. i'm ready to sign it. >> he's got the republicans on the ropes and they know it. >> obama's answer to this budget crisis is to raise taxes on the wealthy just because he ran on that promise. and won the election. >> the president really wants to reach an agreement, he needs to be talking with the members of his own party right here in washington. >> it's too important for washington to screw this up. we really need to get this right. ♪ how do you like me now ♪ ♪ how do you like me now ♪ >> good afternoon, it is difficult to hold down the excitement here in new york. it is a growing frenzy that everyone's talking about. there are fantasies of celebration, if the numbers go their way. there are teams pooling resources.
. the white house is making it clear today that the president won't sign a bill that extends tax cuts for those earning $250,000 a year in social security. it will not be part of the fiscal cliff. so we are going to talk about the compromise. we have a congress and to talk about this with us. >> and you for having me cheryl: or a little bill? >> we were waiting and hoping to compromise with its administration. but they they would just never come to the table. >> these democrats want to continue spending on social programs, republicans don't want tax cuts to be touched. you think we can have compromise from both sides on each of these issues? the rhetoric that we are hearing on a television screen is pretty negative. >> he did say that we want and the republicans will reach out to less. cheryl: after the last election, the november election, it was a referendum on many republicans. some of them walked away and said, okay, we did not get the senate back, we are moving forward. our republican candidates did not win the presidency were many officers. >> people were looking round the waist
willingness to help the republicans the gate the pledge not to raise taxes by letting it expire and than any tax change to reduce taxes will be a tax cut, we will be glad to sign it. all of the super rich people who are now going to face the state tax on anything over $1 billion will be screening of their shoulders, the thing it. and rear not point to have $200 billion less in spending if after january 1 we sign a new tax bill. the fact that obama is administration is to make it sound like he is averting a catastrophe over the post 2013 -- it is an insult to people who know what is going on. host: if you think that -- do you think the president is not holding from one democratic beliefs? calving i really do not know. i just found out that ed rendell is supposedly a little type of democrat. he is one -- on one of these teams trying to figure out entitlements. this is a simple equation. we have about $800 billion more than necessary in spending. we have $800 billion more in spending that goes into the pockets of those who run unnecessary tests, insurance companies and pharmaceutical companies.
a dark fiscal cliff. a new government report warning is an increase in texa taxes wod crush the middle-class spending. the dow down 70 points. it seems republicans are changing their tune on taxes. i don't know. lou dobbs with us as more congressional leaders break from the antitax pledge. and two years after the signs in cairo they look the same. mohamed morsi moves for absolute power sparking violent clashes in the streets between his supporters and opponents. but first, it is time to check stocks as would every 15 minutes, let's head to the floor of the new york stock exchange. nicole, the market is down and out on the fiscal cliff. i'm afraid. nicole: there's a lot going on on wall street. selling across the board, down 72-point at the lowest .12900, so about 40 points off of the earlier lows, however we are seeing selling from sector to sector with its banks or drugs or retail. the areas that have been pretty good our technology, semi conductors holding on, utilities giving it a go after selling off on concerns of the fiscal cliff of his utilities is a group that paid h
-- host: welcome to "washington journal." of the senate host: an increase in payroll taxes and the scheduled spending cuts across the board. a couple republicans yesterday signaled they could be flexible on the anti-tax pledge that they signed if it gets them closer to a deal with the white house. what is your reaction? here are the numbers to call. you can also find us online. send us a tweet or join us on facebook. you can also e-mail us. here's "usa today" looking at what happened on the sunday talk shows. it says -- the south carolina senator became the second republican senator in recent days to back away from a no tax pledge devised in the decades ago. the willingness to break ranks could prove crucial as gop leaders and democrats try to reach a deal before taxing and spending changes take effect in january. new york representative king says economic conditions have changed since the anti-tax pledge first emerged. he's a republican. that thee gop's say fiscal cliff deal is what defined grover norquist. let's hear congressman pete king of new york, a republican. he was
for a tax increase. we could ask president bush how his second term went after he broke his pledge. did he damage the pledge or by breaking his pledge, he lost a second term for the presidency. >> and this morning, even fox and friends were getting all philosophical about till death do us part pledges. >> i think you get into really difficult situations in relationships in general when you make people sign on the dotted line and then you crucify them if they decide to change their line. i'll bring it back to marriage. marriages don't work when one or both parties stand on both sides of the fence and say i'm not budging. then you get divorced. that's what happens. >> crystal, let me explain this being dumped thing to you because i know you've never -- >> it's happened once or twice. >> stop. you lost an election, so you have some sensation of what grover is going through. >> poor guy. i feel for him. it is remarkable because he's had this pledge in place since 1986. george h.p. bush violated the pledge, it essentially led to newt gingrich and the contract for america and we have been living
democrats now say they would rather see a series of automatic tax hikes punish all americans rather than to agree to spending cuts or deals they don't like and they believe compromise their principles. this comes despite warnings from the congressional budget office that the tax hikes now about to take place could throw the economy back into recession. two million more americans could be left out of a job and most troubling of all according to the pentagon, the country's national security would be in serious jeopardy. if congress and the white house do not act. chris stirewalt is our fox news digital politics editor p.o.w. or play on foxnews.com. they cut the deal that put the automatic spending cuts in place and these automatic tax hikes in place thinking this will never happen. they went back, said all right, now that we have it in place let's try to fix it. well they failed. there wasn't the political will to deal with it at the time they passed. there wasn't the political will at the time they tried to deal with it and it was a complete political debach kill. now you have some people
. >>> what do you do when they're screaming for entitlement reform on the right, demanding more tax revenue on the left and only a very small stretch of common ground? take it to the people. for the next two days the president is at the white house sitting down with small business leaders. tomorrow he will host middle-class americans who say they can't afford to see their taxes go up. >> if you take away the $2200 from my paycheck it will severely impact my family. >> it begins again with this question of fairness. everybody needs to pull their fair share. >> and on friday he'll return to the stump speaking at a manufacturing plant in pennsylvania. the message is clear, president obama's number one priority is ensure that tax cuts for middle-class families are preserved and tax rates for the wealthy expire. according to warren buffet that idea is already being accepted across the country. >> there's a general feeling among the general public and congress, that the rich like me have been getting away with low tax rates and time to make the tax rates more progressive. >> while the president s
owners today. tomorrow he meets with middle class americans who would be affected by tax hikes and more business leaders. friday he's going to travel to hatfield pennsylvania where he will give campaign style remarks to get support for congress to negotiate the right kind of deal. we are back with more steph after this. ♪ [ ♪ theme ♪ ] >> announcer: ladies and gentlemen, it's the "stephanie miller show." ♪ >> yahoo, it is the "stephanie miller show," welcome to it. 1-800-steph-1-2 toll free from everywhere. steven weber. he will be there nobody panic he will be right there. charlie pierce said some good stuff about the fiscal cliff and other things. this is going to be a fascinating discussion. the president playing three dimensional chess. told you so. >> never mind. >> never mind. >> corn? when did we book corn? [ laughter ] >> oh, you kids. i swear. all right, you know what? i think there's a little estrogen in the clubhouse. ♪ ♪ >> hi, jackie schechner. >> good morning. my athlete, my warrior my legend. >> stop that night now. >> you didn't get up this early to compromis
to sign a pledge from somebody else. >> what they're talking about again is tax revenue and the house speaker has talked about it. mitt romney campaigned on it. >> lowering deductions and closing loopholes. >> eliminate or limit rather deductions and credits and exemptions. cutting out the exemptions and loopholes. >> grow this economy and engage in tax reform. >> simplify the code. >> ywhen you get divorced, thats what happens. ♪ >> welcome back after the thanksgiving holiday and all eyes are on the fast approaching fiscal cliff with republicans possibly maybe looking to make a deal. with the deadline now just 36 days away, some top republicans suggest they could, shock, horror, break with their sacred pledge to grover norquist. >> i'm not obligated on the pledge i made tennesseans aware is just elected that the only thing i'm honoring is the oath that i take when i serve when i'm sworn in this january. >> there's a lot that has been said about this pledge, and i will tell you when i go to the constituents that have elected -- re-elected me, it is not about that pledge. it really i
are holding most of the trump cards. if nothing is done, remember we go back to the clinton tax rates of the 1990s which were not all that bad. in fact, the economy did quite well under those tax rates. if nothing is done, basically the republicans lose. and if the republicans try to make a case that they are not going to vote for an extension of middle class tax cuts unless the rich also get a tax cut that, puts the republicans in the position of showing america that they are going to hold the middle class hostage and they are shields for the very rich. that kind of a demonstration is not going to be good for the g.o.p. so the democrats are holding a lot of the cards. the question is will the democrats actually hold firm. >> eliot: i think that's exactly right. this will be an easy test of will. should be an easy test of will for the president. as you have pointed out january 1 is the witching hour. the republicans lose more because their negotiating position is significantly weaker. one of the things that -- the
more important for these small businesses are the tax hikes and the tax increases that they are facing come the end of the year. a tax increase for top net income earners, from 35 to 39.6% in 2013. for all intents and purposes that involves small business owners? >> it's a lot of them. there is a fight going on. the left saying it will not affect small business too much. the right is saying it will. there is a lot of politics going on. my only question is how taking money out of anybody to put into washington, d.c. which is has been very ineffective with our capital is going to help -- i don't get it. somebody runs a small business and make a few hundred thousand a year to tell them you are going to pay $15-20,000 a year plus obamacare, i on don't think that is good news. i wish they had a better idea. elections have consequences. i gather taxes are going up. >> heather: according to ernest & young they are projecting that that tax rate will kill 710,000 small business jobs. people, individuals support businesses help that? >> yes, it's going to help. look, there is a reality. dollars
at this point. >> but when you look at those, they all have some come by neigh of spending cuts and tax increases. the idea is that over a period of time, you basically put the country in a better path, the government in a better path to spending and taxation. what you don't want is the fiscal cliff because that was designed to be something that nobody liked. and the reason is, yes, you've reduced the deficit from about 7% of gdp down to about 4% of gdp, so you move in the right direction really dramatically, but you do it in a way that nobody was happy with exactly where those cuts come from and exactly how the taxes increase. >> with what you're seeing, and we never know, it's almost like a mating dance where you've got the male and a feel of some species -- >> it's an ugly one. >> looks like they're never going to do it. they get closer and closer. >> but there is a lot of -- they back off and they might even look like they're fighting. but do they eventually, you know, do it? >> well, i think certainly everybody hopes so. because it would be better than if they don't. >> that didn't
is voicing support for tax hikes for americans just like him. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes and then watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> joining me now is wisconsin's republican senator ron johnson. senator, it's great to have you with us this morning. and as we talk about what's taking place in washington, d.c. right now, the million dollar question is all concerns around senators lindsey graham, saxby chambliss, congressman peter king among other republicans who said they'd be willing to break away from grover norquist's anti-tax pledge. will you say if you're willing to break that pledge in order to save the country from the fiscal cliff. >> hello, thomas. and first of all, i signed that pledge two years ago, and the reason i signed it is because i think increasing tax rates, increasing the amount of money that the federal government takes away from job creators is going to harm economic growth a
income tax. and because they don't pay their a bunch of takers. you in this room, you're the makers, you're being victimized by the takers and there is nothing i can do about those takers so forget about it. i think it was a disaster. and a lot of the people in that 47% are in fact the base of the republican party. >> david. >> this is not because we're having a blue hand love in. if the republican party were to listen to half of what steve said in his opening comments they would rehabilitate themselves quickly. i think there is going to be a civil war between the view of people like steve and the view of some on the hard right. and i thought up here i'm not going to say a challenging thing about governor romney or pour salt in any wounds. but a few hours ago governor romney did a conference call to thank some of his donors. and he said that the reason he lost was that the president had given gifts, his word gifts to young people in the form of student loans and student loan repayment process. gifts to the latino policy by saying dream act kids would not be deported over the coming years
putting limits on their no tax pledge and telling grover norquist to get lost. but remember, there's only one of those people in the house of representatives. >>> keeping hope and change alive. president obama's aides are hoping to keep the campaign going and use their new leverage at the polls to win the fight for higher taxes against the wealthy. >>> this is "hardball," the place for politics. >>> get ready for some more partisan agendas in the state governments across the country. that's because come january at least 37 states will be under single party control. 37 of them. with one party holding both houses of state legislatures and the governorship. and that's the largest number of states under single party control in 60 years. 24 of those 37 states will be controlled by republicans and 13 under democratic control. we'll be right back. >>> welcome back to politics and "hardball." abortion politics, particularly anti-abortion politics, has been a guiding principle of republican politics for decades. yesterday senator john mccain stepped back from the edge and seemed to say it was time
made it clear that when we get through the tax and job discussion in the congress he was to prioritize comprehensive immigration reform. he sees it as a key part to stabilizing the economy, investing in the middle class, not having a subclass of 11 million people that hurt economic revitalization. for him i think it is a piece of the middle class agenda. >> are the other unions working with senator schuman who say they are starting to work on a piece of legislation? >> the majority leader and center schumer. we have some issues with this idea, but we applaud his enthusiasm. we are trying to get him on the steps of key elements that are important to us. >> where do you disagree? >> i think he thinks a national id card is required. we do nothing that needs to be part of the solution to fixing the broken immigration system. >> washington journal continues. host:jim martin n. he will be talking about the future of health care, especially the elements of the affordable care act that are put to place. guest: glad to be here. host: what does it mean in general for older americans now that th
and continue negotiations over the looming automatic spending cuts and tax hikes that could kick in at the start of the new year. the administration is out with a brand new report this morning showing how letting taxes go up for everyone just to protect the richest americans would cut consumer spending and slow growth by about a point and a half. according to the president's council of economic advisers, we would spend about $200 billion less next year because we would be paying more in taxes. consumer spending is about 70% of our gdp. up until now hundreds of republicans have been tied to the grover norquist-created pledge not to raise taxes. but current economic reality is setting in and conservatives are starting to stray with conditions. here is south carolina senator lindsey graham. >> ly violate the pledge, long story short for the good of the country only if democrats will do entitlement reform. >> that's a whole nother conversation. on the issue of taxes warren buffett has written an op-ed in "the new york
bipartisan consensus to raise taxes on the wealthy, the sides are still far apart on where the revenue will come from. staff level negotiations are a little bit more than stalled. not fully stalled but they didn't go so great last week and it's unclear where speaker boehner will get the votes for a deal that would raise tax rates. which is why he's pushing against that idea. two senate republicans up for re-election in 2014 have bucked norquist saying they are willing to let taxes ride. chambliss spoke to his hometown station. >> that pledge i signed 20 years ago was valid then. it's valid now, but times have changed significantly. and i care more about this country than i do about a 20-year-old pledge. >> on sunday south carolina senator lindsey graham also broke ranks saying the norquist pledge can no longer be a conservative litmus test. >> when you're $16 trillion in it debt, the only pledge we should be making to each other is to avoid becoming greece. but i will violate the pledge, long story short, for the good of the country only if it democrats will do entitlement reform. >> b
their article describing said freak out. upper income taxpayers look for ways to sidestep obama tax plan. he said he would end the tax cuts for the wealthy. and abc news found after the election that at least some of the people in this country making over $250,000 a year were just freaking out about that. "a 63-year-old attorney based in louisiana who asked not to be named told abc news that she plans to cut back on her business to get her annual income under the $250,000 mark should the obama tax plan be passed by congress and become law. we were going to try to make our income $249,999 she said." this is nuts. if i could just lower my income, i will avoid the tax hike. i will purposely make less money so i don't fall into the tax hike category. this is nuts, right? this is a fundamental misunderstanding. this is like that old joke about the three guys sitting about the one thing they would take with them to survive if they knew they would be trapped in the desert. the first guy would bring a compass so i could find my way out. the second guy would bring as much water i could carry so i cou
)s and other places. so supply-side tax reduction certainly counts. .. about the last time around. >> your tax pledges between the representative. if there is a net increase would you say that is in violation of the pledge and are you worried about the words that you are hearing from speaker boehner? is he talking about a net tax increase or are we hearing that rahm? >> he's in favor of revenues that come from growth and needs to see serious spending restraint. i am in favor of revenues to come from economic growth. one of the numbers that doesn't get tossed around is cbo. the cbo says if you grew at 4% a year -- congressional budget office -- they do static modeling. they do a whole bunch of things that i think understate the case for how important growth is or how you get growth, but if you grow 4% a year, reagan numbers instead of 2% a year, france, or obama's high point -- you do that for a decade, to present additional growth, 4% a year, not to present, the federal government lets $5 trillion more than it would have because more people are working. at this point, from the bottom of the re
called "a minimum tax for the wealthy." and you start off bying a most investors you know, if it's a good deal they're not going to be upset about the fact that they're going to have to pay some tax. >> every investor i know. i've never -- i'm 82 years old and i'm looking like diogenes at that investor who says "i think i'll look at this chance to pass on this money." >> rose: even if it's a certain deal -- >> i'm going to call you tonight at midnight and say "this is the best idea i've ever had." and will you say "how much is the tax i have to pay?" >> rose: i don't think so. you say "in the meantime maybe we'll run into someone with a terrific investment idea who won't go forward with it with the tax he would owe when he succeeds. send it my way. let me unburden him." >> that offer goes to all viewers. >> rose: you have a serious purpose. what is the minimum tax that you think ought to be done today by congress and not wait for all the time it might take and all the deals it might take to reform the tax code. >> i think on incomes over one million that the excess over one million should
to their attitude, taxes, the works. the people who hate to lose are blaming the right. the people who hate the center almost just as much as the left are saying they're right and they're going to not budge an inch. this looks like a fight with legs and not a bad spectator sport for progressives as napoleon once said, never interrupt your enemy when he's making a mistake. robert traynham and erin pikes. this should be an interesting match-up, you two. let's talk about this situation. i want to show you a tape from deny senior on "morning joe," a foreign adviser to mitt romney. he took on mitt romney critics have been filing on him. >> tens of thousands of people, you could hear the top ten surrogates at the event. i'm backstage with some of them, i won't mention their names but talking about romney like he's reagan. you know, the debate performances were the best debate performance of any republican nominee in presidential history. this guy was iconic. they were talking about him, because they believed he was going to win in four, five days. in fact, some of them were talking about transiti
said they will back down on taxes as long as there is one condition. >> steve: this time the white house has a better idea. wait until you hear who they are bringing back to lead the negotiations. yimpt powerball jackpot. $425 million . if you think you are more likely to get struck by lightning than win it big. the guy who won eight times who has the secret. >> steve: does he have the numbers. >> brian: "fox and friends" begins now. >> steve: hi, folks, live from studio e. i am sick of turkey. and i am sick of gravy. we had it five-days. >> gretchen: i know, i have a big huge bird sitting in my refrigerator and attempt to make soup out of it later today. >> brian: so it is not alive. >> gretchen: it didn't gobble. >> brian: i went to the movies and i have another movie. >> gretchen: i saw santa claus over the weekend. >> brian: ian loves it. i will tell you in a while. >> gretchen: no. >> brian: steve, saw one of my recommendations on saturday and you feel. >> steve: i am stopping to listen wu. >> gretchen: can you tell us now. >> steve: some of his movies i like a lot. >> gretche
class taxes low, but will congress go along with higher taxes for the rich? plus, a long secret u.s. plan, get this, to explode an atomic bomb on the moon. what were they thinking? i'm wolf blitzer. you're in "the situation room." >>> today we may be at the tipping point for one of the most important decisions president obama needs to make as he begins his second term. on capitol hill republicans including moderate republicans are sending the president a clear warning, don't nominate susan rice to replace hillary clinton as secretary of state. rice is the current u.s. ambassador to the united nations. she spent a second day meeting with senators trying to explain some of her inaccurate comments she made after the september 11th terrorist attack on the u.s. consulate in benghazi, libya. cnn's senior congressional correspondent dana bash is joining us now from capitol hill with the very latest. what happened today, dana? >> reporter: wolf, it was one thing for susan rice to be criticized harshly yesterday by the three republicans she met with because they had been among her harshest
, to a courthouse in ap mat tax and 1600 pennsylvania avenue, h.w. brands on the life of ulysses grant, thursday night at 10:15 eastern, part of booktv's four-day holiday weekend starting this thursday on c-span2. >> the name of this place still resonates with a shuddering in the hearts of the american people. more than any other name connected to the civil war except lincolns, gettysburg reverberates. americans retain the knowledge that what happened here was the crux of our terrible national trial, and even americans who aren't sure precisely what transpired on these fields know all the glory and tragedy we associate with the civil war resides most indelibly here. >> thursday night at 8 eastern lincoln director steven spielberg on the battle of getties berg and abraham lincoln's legacy, part of a four-day holiday weekend beginning thursday on c-span3's american history tv. >>> up next, a group of obama biographers discuss the president and his experiences from his first term in office. participants include authors ron suskind, david maraniss and jonathan alter. this discussion was part of the
of positive talk following the election. even bill kristol talking about let's feel free to raise taxes if it's part of a bigger deal. a lot of elections don't have consequences, midterm elections. this was supposed to be a status quo election. but something happened here. i think the fever is starting to break. >> absolutely. you're going to see it, i think, on immigration reform, and i think you're going to see it on spending and taxation. and you don't have to effect or change basic tax rates. as you know, there's all sorts of things you can do on so-called tax expenditure dealing with home mortgage deductions, dealing with state and local taxes. also there's things obviously on the spending side, entitlements and domestic spending, this isn't that hard. this is, if you will, a mini-package. this isn't necessarily on the scale of simpson-bowles. it doesn't need to be. this ought to be doable. >> john heilemann, obviously both sides have to give. everyone's been saying that. there needs to be room for compromise, figure out how to get there. how does a deal look? is there a possibility of a
, that the tea party was born april 15th, 2009 on the heels of taxed enough already. every time you would talk to a tea party representative or person, any one of the groups and ask them, taxes, i get. what about social issues, what about contraceptive. they didn't want it talk about it. they want toed to talk about the social issues and somehow the democrats attached the social issues to the tea party. >> and bob, you have familiarity with that. >> what the heck. >> not obviously republican and democrats have shared losses over time and it's normal, right, for a party to go through a little amination a out where they're doing. >> and the impression-- i think one of the-- one lesson the republicans had on a serious note you have to do more than run against somebody. the focus of that campaign and the republicans generally was to vote against barack obama and dependent on the turnout against president obama and you need the policies and a lot of talk about the hispanic issue and you can't give away that many hispanic votes and you know you can get them and even mccain did better, but, unless th
the economic recovery. obama's plan includes lower taxes on the first $250,000 earned by every american and tweaking the alternative minimum tax. the white house report estimates that consumer spending would fall by $200 million. now that's more than three times what consumers spent just over this entire holiday weekend. there could be a drag on a range of industries from cars and housing to restaurants and supermarkets, if congress can't reach a deal. and look, pocketbook issues are not the only problem here. carl levin, the democratic senator and chair of the armed services committee said automatic cuts to government spending could impact public safety. >> i think you should be worried if you have a defense job and we all ought to be worried whether we are dependent upon other aspects of the federal budget. whether we're worried about the regulation of our food safety, whether we're worried about our borders being secure, whether we're worried about fbi being supported, it's all affected by sequestration. >> joining me now, cnbc washington reporter eamon javers. you heard the numbers
will ruin christmas. >> what they're talking about is raising revenues and not tax rates. >> republicans have stepped out of our comfort zone. >> there are very few republicans who have any clear sense of what they want. >> republicans should look forward to a 2014 wipeout. >> bottom line, would raising taxes on the wealthiest americans have a chilling effect on hiring in this country? >> no. >> the republican party has not developed an alternative idea set other than what mitt romney and paul ryan were campaigning on. ♪ america, america >> are we going to continue to making our case? >> i will say this, i can never, ever find my car in a garage. ♪ i'm going off the rails on a crazy train ♪ ♪ i'm going off the rails on a crazy train ♪ >> with frantic and frenetic behind-the-scenes negotiations as both sides work against the clock trying to reach an agreement on the fiscal cliff that is fast approaching. the president is trying to ramp up public pressure on congress to accept his ideas for debt reduction in. in the coming days he meets with small business owners, middle class ta
. >> to be fair, he makes this point, first of all nobody has voted for tax increase yet. and they haven't in a very long time. so he accused them of having impure thoughts on tv. those are his words not mine. but nobody has actually cast a vote. >> bill: a republican having impure thoughts? >> is that against the law? >> tony perkins is going to jump on this, too. so there's that. there is also -- these folks -- chambliss saxby chambliss were georgia, mccain, they flirted with this idea of increasing revenue in the past. this isn't too new for them. until we see actually policy proposals that differ from romney's plan of disclosing loopholes and finding revenue that way, we shouldn't be jumping to conclusions this is a big shift in republican thinking. >> bill: they haven't voted for anything. they haven't broken the pledge. we may be open to new revenue but never no, no, no way. will we raise tax rates on the wealthiest of americans. basically, it is the same old romney b.s. that we're continuing. >> you gotta watc
. a number of republicans are finally putting limits on their no tax pledge and telling grover norquist to get lost. but remember, there's only one of those people in the house of representatives. >>> keeping hope and change alive. president obama's aides are hoping to keep the campaign going and use their new leverage at the polls to win the fight for higher taxes against the wealthy. >>> this is "hardball," the place for politics. [ male announcer ] this december, remember -- what starts with adding a friend... ♪ ♪ ...could end with adding a close friend. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. >>> get ready for some more partisan agendas in the state governments across the country. that's because come january at least 37 states will be under single party control. 37 of them. with one party holding both houses of state legislatures and the governorship. and that's the largest number of states under single party control in 60 years. 24 of those 37 states will be controlled by republicans
court press asking americans to pressure congress to keep middle class tax cuts for families earning $250,000 or less. >> it is too important for washington to screw this up. now is the time for us to work on what we all agree to, which is let's keep middle class taxes low. tweet, use the hashag my2k or e-mail, post it on a member of congress' facebook wall, do what it takes to communicate a sense of urgency. i'll sign this bill as soon as congress sends it my way. i got to repeat, i've got a pen. i'm ready to sign it. so -- >> the president wants republicans to first agree to keep the middle class tax cuts, and then he wants to move on and tackle the rest of the fiscal cliff problems. do not count on groundswell of republican support. in fact, one republican, congressman tom cob, proposed a similar idea and conservative republicans shot him down. we'll get to that here in a moment. quite a moment today. also president obama is meeting today with 14 key ceos to try to get their support for keeping those middle class tax cuts. the ceos are from huge, huge companies here. macy's, home
grover norquist, condemning his pledge never to raise taxes. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming greece and republicans should put revenue on the table. >> how's that for a profiling courage? senator graham is standing up to a pledge he made to an unelected official in charge of a group that most americans never heard of. a pledge that's 26 years old. but at least graham is voting to raise taxes on the wealthy. right? wrong. >> raises tax rates will hurt job creation so i agree with grover we should not raise rates. i will violate for the good of the country only if democrats will do entitlement reform. >> so he won't raise tax rates and entitlements need to be gutted. but that's more like it. let's see some more brave talk from the gop. >> i'm not obligated on the pledge. there's a menu of options on the revenue side and on the entitlement side and as long as there are two parties that are willing to solve this problem, this is a very easy thing to do technically. what it takes is political courage. >> guess
to get the majority of a majority on tax issues. he's not going to get a majority of majority on debt raising. >> much harder on the debt ceiling than taxes. >> that's what i'm saying. i refuse to vote to raise a debt ceiling when they were trying to raise it to $5 trillion. it's something you don't do unless you get a lot of cuts on the other side. >> and it's not a game. because if you don't raise it, we saw what happened last time, you can get your debt downgraded and has real economic consequenc consequences. and that's why when people think about the fiscal cliff, we all assume that sane minds will prevail and they'll come up with some deal. there's no guarantee that sane minds will prevail. and recent history would suggest that sanity almost never prevails in washington. so you can assume it's going to be more difficult than we think. you can assume that the bush tax cuts might all go away for a short period of time. and you cannot assume they just raise the debt limit. you cannot make that assumption. >> are the president's men and women -- are they under -- are they making the
creation in our country. >>er -- every family in america will see their taxes automatically go up at the beginning of next year. >> shepard: so how to avoid that. >> the president and congress will either fail together or we will succeed together. >> there has to be a deal. there has to be an agreement. >> and if they can't come up with a compromise, we are all going to pay the price. plus, they are some of the biggest names in baseball. bonds, clemens, sosa. all three tainted by accusations they used performance enhancing drugs. but should that keep them from cooper's town? tonight, the great debate over baseball's hall of fame ballot but first from fox this wednesday night, the president hopes who have the framework of a deal to avoid the so-called fiscal cliff by christmas. president obama says he would like congress to pass a bill even sooner to extend tax cuts for the middle class families. and he invited some of those middle class americans to the white house today to help make his case. >> i have got a pen. [ laughter ] i'm ready to sign it. [ applause ] so, my point here t
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